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News Ticker
  • [ July 1, 2022 ] UEFA welcomes Kenya High Court ruling blocking access to sports pirate websites CSR
  • [ July 1, 2022 ] Zoho seeks more talent as it launches Digital Enabler package to transform Kenya’s SMEs Analysis & Features
  • [ July 1, 2022 ] Subscribers can now stream Showmax content cheaply with Safaricom data bundles bought via M-PESA CSR
  • [ July 1, 2022 ] Co-location: The benefits, pitfalls and finding the right balance Analysis & Features
  • [ July 1, 2022 ] C35: New model in realme C-series targets Kenya’s youth market and first time users CSR
  • [ July 1, 2022 ] LG Electronics receives Robot Safety Control Certification from Det Norske Veritas CSR
  • [ July 1, 2022 ] SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament Analysis & Features
  • [ July 1, 2022 ] 10 women-led businesses picked for Standard Chartered’s tech incubator program   Analysis & Features
  • [ July 1, 2022 ] Five ways by which furniture is creating the hybrid office of the future Analysis & Features
  • [ July 1, 2022 ] 2022 Tour de France to take Showmax Pro subscribers on 109th edition journey Events Noticeboard
HomeDigital payments

Digital payments

CSR

Pesapal gets government nod to offer digital payment services in Uganda

June 28, 2022 admin 0

The Pesapal subsidiary in Uganda has received a Payment System Operator license from the Bank of Uganda as a follow-up to the National Payments Systems Regulation, 2021, Pesapal has been at the forefront of the [c]

Analysis & Features

Elevating digital payments for a cashless future in Africa

December 30, 2021 admin 0

By Akshay Grover COVID-19 has propelled the adoption of digital payment platforms for millions of people across the African continent. The need for contactless methods of making transactions, transformed what was once a nice-to-have into [c]

CSR

Datastream, a fintech startup, launches platform to simplify digital payments in Nigeria

October 13, 2021 admin 0

Datastream has announced the launch of its digital payment solution ‘Datastream Recharge’ to provide a seamless and unique option for Nigerians both at home and in the diaspora to settle all digital and lifestyle payment [c]

Analysis & Features

Partners discuss impact of Digital Transformation in the financial industry

October 6, 2021 admin 0

C-level executives, industry experts, policymakers and government officials at Huawei’s 2021 East Africa BFSI Summit to discuss the current challenges, business opportunities and identify solutions aimed at shaping the future of fintech. In attendance were [c]

Analysis & Features

DPO Group’s acquisition by Network International finally concluded

October 1, 2021 admin 1

DPO Group (DPO), Africa’s fastest-growing payment service provider (PSP), has finally been acquired by Network International, a globa enabler of digital commerce across the Middle East and Africa. In a landmark deal for the African [c]

Analysis & Features

Cash is king – but digital payments are coming for the throne

August 10, 2021 admin 0

Even with a high banked population and a multitude of electronic payment options available, the average South African still use cash for daily purchases and payments with an estimated 78-80% of transactions being in cash. [c]

CSR

Cellulant launches Tingg, a digital payments platform for the retail sector in Zambia

July 14, 2021 admin 0

Payment technology over the years has completely transformed how retailers operate. Thirty years ago, most retailers across Africa did not accept credit cards, and mobile money was still an idea. Over the past decade and [c]

CSR

Cellulant reaffirms commitment to partners as it unveils new brand identity

July 2, 2021 admin 0

Cellulant, the pan-African payments company, has unveiled its new brand identity while also affirming its commitment to partner with global, regional and local businesses to accelerate payments’ digitisation across Africa. Over the last couple of [c]

News

Mastercard partners with Billetera to offer digital payment solutions in the DRC

May 11, 2021 admin 1

Mastercard has partnered with Billetera – a digital payments technology company headquartered in Kenya – to provide millions of unbanked and financially excluded residents in the Democratic Republic of Congo (DRC), access to formal financial and [c]

Analysis & Features

Consumer appetite for digital payments takes off in Kenya  

May 11, 2021 admin 0

As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses [c]

Analysis & Features

Digital payments new norm during Ramadan

April 28, 2021 admin 0

Ramadan is a time of reflection and togetherness. The pandemic has not changed this experience but shifted it to the online world. Digital Ramadan is now the norm and digital payments have played a key [c]

News

Ukheshe and KCB in deal to boost digital payment services in East Africa

February 1, 2021 admin 0

In an initiative that will see the growth and development of payment services within the East Africa region, digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB [c]

CSR

Mastercard evolves contactless technology for quantum world 

January 27, 2021 admin 0

New Enhanced Contactless specifications provide next-generation capabilities for advanced protection and convenience  Mastercard has announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are an [c]

News

Mastercard, Ethiopia gov’t in deal to develop digital payments solutions, identity projects

October 21, 2020 admin 0

The Ethiopian Ministry of Innovation and Technology (MINT) and Mastercard will partner to develop and implement strategic solutions and relevant policies to deliver a digitized economy in Ethiopia. Under the MoU, Mastercard will leverage its [c]

News

Huawei partners with Mondia to enable cashless payments in 7 African countries

September 30, 2020 admin 0

Huawei, in cooperation with digital payment entity, Mondia Pay, has unveiled Direct Carrier Billing (DCB) service, for seamless, contactless payments for users in Africa and Middle region (MEA) through HUAWEI Mobile Services (HMS). Mondia Pay [c]

CSR

SmartPesa, Mastercard deal to enable SMEs accept digital payments

August 12, 2020 admin 0

Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers. The “SME-in-a-Box” solution is powered by Mastercard’s [c]

News

DPO Group to be acquired by Network International, retain brand identity

July 29, 2020 admin 0

DPO Group, an online commerce platform in Africa operating across 19 countries, has entered into an agreement to be acquired by Network International, an enabler of digital commerce across the Middle East and Africa (MEA). [c]

News

Sudan joins alliance to accelerate transition from cash to digital payments

June 10, 2020 admin 0

Sudan has announced a new commitment to accelerate the transition from cash to digital payments. By joining UN’s Better Than Cash Alliance, the government commits to increasing financial inclusion and transparency, taking steps to build [c]

News

Safaricom, Visa to jointly develop digital payment solutions for MPESA customers

April 30, 2020 admin 0

Safaricom and Visa have announced a partnership that will enable them to jointly develop products that will support digital payments for M-PESA customers. The partnership will cover over 24 million M-PESA customers, more than 173,000 [c]

News

Pesapal, Visa deal to boost use of digital payments by individuals and businesses

April 27, 2020 admin 0

Visa, the global digital payments services provider and Pesapal have announced a strategic partnership to drive connected digital payments to consumers and businesses in Africa. As part of the deal, Pesapal will become a Visa [c]

Analysis & Features

Covid-19 as a catalyst in deeper acceptance of digital payment platforms

April 10, 2020 admin 0

By Arushi Chawla Looking at the impact of COVID-19 on digital payment platforms, its acceptance in the near term will be improved leading to a stronger role in the longer term. COVID-19 has damaged both, demand and [c]

Analysis & Features

Mobile money users surpassed 1 billion in 2019, transacting almost $2 billion daily

March 26, 2020 admin 0

The number of mobile money subscribers globally surpassed 1 billion in 2019 while the volume of transactions per day reached almost $2 billion according to GSMA’s new report “2019 State of the Industry Report on [c]

Analysis & Features

Payments processed via PoS devices accounts for only 5% of Africa’s GDP – report

December 4, 2019 admin 0

Network International, a provider of digital commerce services in Africa and the Middle East, has published research highlighting the key trends putting Payment Acceptance at an inflection point of growth in Africa. The report further [c]

News

Mastercard partners with e-finance to digitise government payments in Egypt

October 31, 2019 admin 0

Mastercard has signed a deal with e-finance, Egypt’s first fintech company, to support the digitization of online government payments across the country. The collaboration will introduce faster, more flexible online payment solutions to improve citizens’ [c]

Analysis & Features

Mastercard signs 7-year payments solutions deal with Selcom in Tanzania

June 29, 2018 admin 0

Mastercard and Selcom have expanded their collaboration by signing a seven year strategic partnership agreement to introduce a variety of payment solutions in the country, thus supporting Tanzania’s goal of becoming a cashless economy. Tanzanian’s will be [c]

News

Truecaller eyes Africa’s mobile payment space after acquiring Chillr, a payment firm in India

June 18, 2018 admin 0

Last year in March, Truecaller had announced its foray into the digital payments segment in India. This month, the company announced a strategic investment into the payment space by acquiring Chillr, India’s first multi-bank payments [c]

News

Masterpass QR bot to pilot in Nigeria, enable SMEs receive digital payments

March 4, 2018 admin 0

Mastercard has announced that it will use Facebook Messenger to provide technology to small businesses in Africa and Asia to drive affordable acceptance of electronic and mobile payments. Access to digital payments will help these [c]

News

After 2 years at KCB, Eddie Ndichu joins Opera as head of Fintech unit in Africa

January 3, 2018 admin 0

Two years into his tenure as the head of Digital Financial Service & Mobile Payments at KCB Bank, Eddie Ndichu has left the position and moved to Opera, the Norwegian mobile browser as the firm’s MD and Vice [c]

News

Libya’s Bank of Commerce and Development picks Finastra to deploy its digital payments platform

November 8, 2017 admin 0

Libya’s Bank of Commerce and Development (BCD) has signed Finastra to support its digital transformation and bring new banking services to consumers and businesses in the North African country. FusionBanking Essence Digital Channels and FusionBanking Essence Teller [c]

CSR

Mastercard, FSD Uganda partner to roll-out digital payments solutions

November 6, 2017 admin 0

Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services. Not only is this not safe, but it slows the country’s growth [c]

News

Digital payments market to surpass $5 trillion by 2020, Visa and Mastercard key players

September 4, 2017 admin 0

A new study from Juniper Research has found that Visa and Mastercard’s distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion globally this year to more than [c]

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UEFA welcomes Kenya High Court ruling blocking access to sports pirate websites

Zoho seeks more talent as it launches Digital Enabler package to transform Kenya’s SMEs

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News:

UEFA welcomes Kenya High Court ruling blocking access to sports pirate websites

Zoho seeks more talent as it launches Digital Enabler package to transform Kenya’s SMEs

Subscribers can now stream Showmax content cheaply with Safaricom data bundles bought via M-PESA

C35: New model in realme C-series targets Kenya’s youth market and first time users

LG Electronics receives Robot Safety Control Certification from Det Norske Veritas

SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament

10 women-led businesses picked for Standard Chartered’s tech incubator program  

2022 Tour de France to take Showmax Pro subscribers on 109th edition journey

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ToddyCat, an advanced threat actor, targets high-profile entities with new malware

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ESET announces 2022 Partner Awards winners from Southern Africa

Report details targeted attacks connected to Russia’s invasion of Ukraine and how war changed threat landscape

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Co-location: The benefits, pitfalls and finding the right balance

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UEFA welcomes Kenya High Court ruling blocking access to sports pirate websites

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  • Equity, American Express revamp membership rewards redemption scheme for card holders 
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  • Pesapal granted authorisation as a Payment Service Provider by the Central Bank
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